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Please help me with exercise 1-3 Environment and Theoretical structure of Financial Accounting 39 CHAPTER 1 Required 1. Calculate accrual net income for both years.

image text in transcribedPlease help me with exercise 1-3
Environment and Theoretical structure of Financial Accounting 39 CHAPTER 1 Required 1. Calculate accrual net income for both years. balance sheet 2. Determine the amount due the advertising agency that would be shown as a liability on RPG's at the end of year 2. Access the FASB Accounting Standards Codification at the FASB website (asc rasb.org. FASB codification Required I. Identify the Codification topic number that provides guidance on fair value measurements. research 2. What is the specific citation that lists the disclosures required in the notes to the financial statements for each major category of assets and liabilities measured at fair value? 3. List the disclosure requirements. Access the FASBAccounting Standards Codification at the FASB website (asc.rasb.org. Determine the s

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